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The new college would be part of the State University of New York system.

The initial $15 million proposed by the governor Tuesday would go toward initial planning and development costs.

Cuomo also included $8 million in his proposal to fund SUNY or CUNY college scholarships for the top 10 percent of high school graduates who pursue a career in science, technology, engineering or math - known as STEM - and agree to work in New York for five years.

The governor also has set aside an additional $10 million to fund initial planning for a new pharmacy school at Binghamton University.